✔️ 2022-03-29 09:00:00 – Paris/France.
DUBLIN, March 29, 2022–(BUSINESS WIRE)–The “Global Business Software Market” report Streaming video by component, by deployment, by type of Streaming, By End User, By Regional Outlook, Industry Analysis Report & Forecast, 2021-2027″ has been added to from ResearchAndMarkets.com offer.
The size of the global software market Streaming video is expected to reach $18,09 billion by 2027, growing the market at 15,9% CAGR during the forecast period.
Le Streaming video is defined as the constant transmission of different video files from a server to a viewer. Through this process, users don't need to download videos and can just watch videos online. This streaming video content can range from movies, TV shows, and live streamed content. Some of the major platforms that offer videos in Streaming to their subscribers are Hulu and Netflix.
High smartphone penetration and growing population of internet users across the globe are estimated to propel the growth of the software market. Streaming video during the forecast period. In addition, technological advancements in the digital media industry are expected to further fuel the growth of the software market. Streaming video during the forecast period.
Additionally, the acceptance of video content for educational purposes has increased due to a substantial increase in consumption and ease of accessing video content due to the massive penetration of smartphones and the high availability of Internet.
Massive deployment of digital media in several sectors has resulted in increased viewer preference for various media solutions and services. Streaming, thereby providing new growth avenues for players operating in the Security Software market. Streaming video.
COVID-19 Impact Analysis
The outbreak of the COVID-19 pandemic has impacted various aspects of business. The software market Streaming video is positively impacted by the pandemic. There are several restrictions and regulations imposed on people as well as businesses including travel ban, lockdown and social distancing which have encouraged people to better engage in the virtual world through videos. The lockdown increased demand for more video content and boosted the popularity of VoD and OTT subscriptions as people were forced to stay at home.
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Along with this, several business organizations and companies have also embraced working from home which has compelled them to use the Streaming video as a communication model for business continuity and thus increased the demand for Streaming video on the market.
Market Growth Factors:
Growing penetration of Internet users and smartphones
Growing population of smartphone users and high internet penetration are some of the major aspects of increasing number of online users. This is expected to further increase the demand for real-time video services, which is expected to open up new growth avenues for the software market. Streaming video during the forecast period. The number of smartphone users will constantly increase in the coming years, which is expected to accelerate the growth of the software market. Streaming video during the forecast period. Additionally, the consumption of video content has increased across the globe which is expected to accelerate the growth of the market.
The growing popularity of OTT platforms
It is estimated that the growing popularity of OTT platforms like Netflix and Amazon Prime across the world will increase the growth of the software market Streaming video during the forecast period. Moreover, the increasing demand for high quality video content by the audience is encouraging these platforms to introduce better video content in their platform and hence fueling the growth of the software market. Streaming video during the forecast period.
Marketing Restriction Factor:
The Huge Cost of Content Creation and Growing Concerns About Content Piracy
There is an increase in the demand for more exclusive video content, which encourages companies to invest more in the different phases of the process of Streaming video to improve their video creation process. One of the main challenges faced by video content creators is having their video content duplicated across many regions and different industry verticals. These types of issues add up to the total cost of content for organizations. Piracy of video content is very high in the world, which is expected to hamper the demand for software. Streaming video in the world.
Market Segments Covered in the Report:
By component
Per deployment
En Streaming
Per end user
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Media and Entertainment
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BFSI
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Academia and Education
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Health care
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Government
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Other
By geography
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North America
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US
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Canada
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Mexico
-
Rest of North America
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Europe
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Germany
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UK
-
France
-
Russia
-
Spain
-
Italy
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The rest of europe
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Asia Pacific
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China
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Japan
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India
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South Korea
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Singapore
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Malaysia
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Rest of Asia-Pacific
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LAMEA
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Brazil
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Argentina
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United Arab Emirates
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Saudi Arabia
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South Africa
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Nigeria
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Rest of LAMEA
Main market players
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IBM Corporation
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Brightcove, Inc.
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Panopto, Inc.
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Kaltura, Inc.
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Vimeo.com, Inc. (IAC Group)
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Qumu Company
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Haivision Systems Inc.
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Sonic Foundry, Inc.
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Plantronics, Inc. (Polycom, Inc.)
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Vbrick Systems, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/t7ewkg
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220329005693/en/
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